Cryptocurrency Analysis and News Portal
After a long and cryptic series of tweets on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk elaborated his stance on cryptocurrencies in a Jan. 20 podcast. Noting that he’s “neither here nor there on Bitcoin,” Musk focused on its use for illegal transactions.The billionaire has recently been in
Read MoreBuilding a Bitcoin Exchange like Binance, Localbitcoins has been profitable in recent years. To create such a best-in-class cryptocurrency trading platform, bitcoin exchange script will provide you a hassle-free task. Yet another advantage of buying a script for bitcoin exchange is they are completely written in PHP. Thus, the Bitcoin
Read MoreUnited States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry.According to data from news and information resource Longhash released on Jan. 23, Coinbase’s cold wallets contained around 970,000 BTC ($8 billion) as of Jan. 1.Coinbase weeks
Read MoreThe Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody.The bill was introduced on Jan. 17 by five state senators, including the only Republican member of the Senate, Kurt Fevella. It passed the first reading on Jan. 21
Read MoreThe World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies, including stablecoins.A press release shared with CryptoX on Jan. 24 reveals that the newly-formed Global Consortium for Digital Currency Governance will
Read MoreTether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550.The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a
Read MoreThe Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses.On Jan. 22 and Jan. 23, proceedings continued with arguments presented by Ashim Sood, the legal counsel for the Internet &
Read MorePiedmont winery, Vigneti Massa, is launching the 2018 vintage of its wines with near-field communication (NFC) and blockchain-enabled caps. As reported by The Drinks Business on Jan. 22, Vigneti Massa is the first winery in Europe, and the second globally, to adopt Guala Closures Nestgate technology.Guala developed the technology
Read MoreRipple’s XRP sales continued to drop in the second half of 2019, with sales of the token reaching a historic low in Q4.According to a Jan. 22 blog post by Ripple — the firm behind the third largest crypto asset by market cap — total XRP sales in Q4
Read MoreAfter three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) at $8,200. Earlier in the day John Bollinger, the creator of the popular Bollinger Bands indicator, tweeted that the
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